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Atlantic City’s top casino underpaid its online gambling taxes by $1.1M, regulators say

Associated Press

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City’s top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to. That led the casino to pay $1.1 million less than it should have. The state Division of Gaming Enforcement ordered the Borgata to pay the full amount of taxes due, with penalties and interest totaling $1.3 million, along with a $75,000 civil penalty. The Borgata declined to comment Thursday. The matter involved deductions from gross revenue totals that casinos can make for some free play given to customers.

Article Topic Follows: AP National News

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Associated Press

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